Forging Machines in Portugal

EXPORTS (2018): $43.7M, World Rnk 28 / 147
Flag Rnk 272 / 1191

TOP DESTINATION (2018): $4.68M, Spain

FASTEST GROWING MARKET (2017 - 2018): $2.36M, Spain

IMPORTS (2018): $49M, World Rnk 39 / 208
Flag Rnk 344 / 1202

TOP ORIGIN (2018): $11.8M, Spain

FASTEST GROWING ORIGIN (2017 - 2018): $1.74M, New Zealand

ECONOMIC COMPLEXITY of Portugal (2018): 0.46, Rnk 48 / 137

PRODUCT COMPLEXITY  IN Forging Machines (2018): 1.44, Rnk 56 / 1018

Overview: This page contains the latest trade data of Forging Machines in Portugal.

Exports: In 2018, Portugal exported $43.7M in Forging Machines, making it the 28th largest exporter of Forging Machines in the world. At the same year, Forging Machines was the 272nd most exported product in Portugal. The main destination of Forging Machines exports from Portugal are: Spain ($4.68M), Poland ($4.51M), United States ($3.19M), United Kingdom ($2.97M), and Germany ($2.9M).

The fastest growing export markets for Forging Machines of Portugal between 2017 and 2018 were Spain ($2.36M), United Kingdom ($2.33M), and China ($1.48M).

Imports: In 2018, Portugal imported $49M in Forging Machines, becoming the 39th largest importer of Forging Machines in the world. At the same year, Forging Machines was the 344th most imported product in Portugal. Portugal imports Forging Machines primarily from: Spain ($11.8M), Italy ($10.1M), Germany ($7.06M), France ($3.24M), and China ($3.03M).

The fastest growing import markets in Forging Machines for Portugal between 2017 and 2018 were New Zealand ($1.74M), Turkey ($1.71M), and Switzerland ($1.53M).

Tariffs: In 2017, the average tariff for Portugal in Forging Machines was 0.66%. The countries with the highest import tariffs for Forging Machines were Western Sahara (2.23%), Gabon (2.23%), Libya (2.23%), Mayotte (2.23%), and Reunion (2.23%).

Value

EXPORTS (2018): $43.7M

IMPORTS (2018): $49M

NET TRADE (2018): -$5.27M

In 2018, Portugal exported $43.7M in Forging Machines. The main destinations of Portugal exports on Forging Machines were Spain ($4.68M), Poland ($4.51M), United States ($3.19M), United Kingdom ($2.97M), and Germany ($2.9M).

In 2018, Portugal imported $49M in Forging Machines, mainly from Spain ($11.8M), Italy ($10.1M), Germany ($7.06M), France ($3.24M), and China ($3.03M).

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IN 2018, Portugal HAD A POSITIVE NET TRADE IN Forging Machines WITH:

  • Poland, $4.37M ($4.51M - $133k)
  • United States, $2.72M ($3.19M - $472k)
  • United Kingdom, $2.6M ($2.97M - $369k)

IN 2018, Portugal HAD A NEGATIVE NET TRADE IN Forging Machines WITH:

  • Italy, -$8.78M ($1.33M - $10.1M)
  • Spain, -$7.09M ($4.68M - $11.8M)
  • Germany, -$4.17M ($2.9M - $7.06M)
Flow

THE FASTEST GROWING Forging Machines EXPORT MARKETS FOR Portugal WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Forging Machines BY Portugal WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Portugal's main exporting competitors in Forging Machines were:

In 2018, Portugal's main importing competitors in Forging Machines were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Forging Machines in Portugal. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2017, the average tariff for Portugal in Forging Machines was 0.66%.

The countries with the highest tariffs for Forging Machines in Portugal were Western Sahara (2.23%), Gabon (2.23%), Libya (2.23%), Mayotte (2.23%), and Reunion (2.23%).

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